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  Saudi Aramco flotation values oil giant at $1.7 trillion

  Business | November 17, 2019 15:03 IST

  It is short of the $2 trillion valuation that Crown Prince Mohammed bin Salman was reportedly keen to achieve.

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  Iran oil minister: French oil giant Total pulls out of Iran

  World | August 20, 2018 18:46 IST

  South Pars is the world’s largest natural gas filed and is shared by Iran and Qatar, where it’s called North Dome. Qatar produces more than 590 million cubic meters per day from the shared field and plans to increase production by 10 percent by 2022.

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  18 arrested over Petrobras corruption case in Brazil

  World | November 15, 2014 11:04 IST

  Brasilia: Brazilian authorities have arrested at least 18 people linked with state oil giant Petrobras corruption case.The investigation named "Operation Car Wash" has led to arrests in Sao Paulo, Rio de Janeiro, Minas Gerais, Pernambuco